Sugal & Damani Share Brokers Ltd announced that its 33rd Annual General Meeting will be held via Video Conferencing on Monday, September 28, 2026. The company also proposed a dividend of ₹1 per equity share for FY26.

The meeting agenda includes the adoption of audited financial statements for the year ended March 31, 2026. Shareholders are scheduled to vote on the reappointment of directors Prasan Chand Jain and Mahesh Chandak, who retire by rotation and offer themselves for reappointment.

Regulatory Compliance and Name Change

A key item on the agenda is the ratification of an updated certificate under Regulation 45(3) of SEBI (LODR) Regulations, 2015. This certificate supports the company's name change to Sugal Earthen Spaces Ventures Limited. The revised certificate includes a required breakup of revenue from the previous financial year, which was missing in the initial submission circulated with the postal ballot notice dated March 3, 2026.

The auditor's certificate confirms that at least 50% of total revenue and total assets were accounted for by the new real estate business activity during the year ended March 31, 2025. This compliance is mandatory for the proposed change of name under listing regulations.

What the Numbers Show

The segment data provided in the certificate highlights a significant pivot in the company's operational focus. Real estate has become the dominant revenue driver, contributing nearly nine-tenths of the top line, while share broking operations have diminished in relative importance.

The concentration of both revenue (88.34%) and assets (89.00%) in the real estate segment indicates that the company has effectively transitioned from a share broking entity to a real estate-focused venture. The minimal contribution from share broking suggests this legacy business line no longer drives the company's financial performance.

Voting and Book Closure Details

Remote e-voting facilities will be available to shareholders starting Friday, September 25, 2026, and will conclude on Sunday, September 27, 2026. Members can cast their votes on all resolutions listed in the AGM notice through this digital platform.

The register of members and share transfer books will remain closed from September 21, 2026, to September 28, 2026, inclusive. This period determines eligibility for receiving dividends and voting rights at the annual general meeting.

Sugal & Damani Share Brokers Ltd has fixed September 21, 2026, as the record date for determining shareholder eligibility for the final dividend of ₹1 per equity share. The payout is subject to approval at the 33rd Annual General Meeting (AGM) on September 28, 2026.

The Board of Directors recommends the dividend from the company's profits for the fiscal year ended March 31, 2026. Shareholders whose names appear on the register of members as of the record date will be entitled to receive the dividend if declared.

Financial Performance

The company reported a total revenue of ₹2,020.49 lakh in FY26, down from ₹2,613.75 lakh in FY25. Net profit after tax (PAT) stood at ₹412.83 lakh, compared to ₹474.92 lakh in the previous year. Earnings per share (basic and diluted) were ₹6.61 in FY26, versus ₹7.60 in FY25.

Key Agenda Items

The notice outlines several ordinary businesses to be transacted during the AGM:

• Adoption of the audited standalone and consolidated financial statements for FY26.
• Approval of the reports by the Board of Directors and Auditors.
• Declaration of the final dividend.
• Reappointment of directors retiring by rotation.
• Ratification of the auditor certificate regarding the change in the company's name.

Director Reappointments

Two directors are seeking reappointment after retiring by rotation:

• Mr Prasan Chand Jain (DIN 00050081)
• Mr Mahesh Chandak (DIN 00050149)

Both directors are eligible and have offered themselves for re-election by the shareholders.

Regulatory Compliance

The Board seeks ratification for an updated certificate issued under Regulation 45(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This revised certificate includes the required breakup of revenue, addressing a gap in the version circulated with the earlier postal ballot notice dated March 3, 2026.

Share Transfer Closure and Record Date

Pursuant to Regulation 42 of the SEBI LODR Regulations, 2015, the register of members and share transfer books will remain closed from September 21, 2026, to September 28, 2026, inclusive. This closure facilitates the preparation of the record date for the AGM.

Specifically for the final dividend, the record date is fixed as Friday, September 21, 2026. The book closure period for the AGM runs from Monday, September 21, 2026, to Monday, September 28, 2026.

E-Voting Details

Shareholders can exercise their voting rights through remote e-voting. The voting window opens on Friday, September 25, 2026, and closes on Sunday, September 27, 2026. Votes cast during this period will apply to all resolutions listed in the AGM notice.